CRA Updates Jason Smith CRA Updates Jason Smith

Do you live in northern Canada? Find out about northern residents deductions!

If you permanently lived in a prescribed northern zone (Zone A) or a prescribed intermediate zone (Zone B) for a continuous period of at least six consecutive months beginning or ending in the tax year, you may be eligible to claim the northern residents deductions on your income tax and benefit return. If you are eligible, these deductions will reduce the amount of income you pay tax on.

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CRA Updates Jason Smith CRA Updates Jason Smith

What you need to know for the 2023 tax-filing season

Millions of Canadians file their income tax and benefit returns every year. For the 2022 tax-filing season, Canadians filed approximately 31 million returns and 92% of them were filed electronically. Also, there were over 17 million refunds processed, resulting in a total amount of $37 billion!

We know that having the information you need on hand makes filing easier. Below, you’ll find what you need to know for this year, including what’s new.

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CRA Updates Jason Smith CRA Updates Jason Smith

CRA debt recovery activities may impact upcoming benefit, credit, and refund payments

The Canada Revenue Agency (CRA) has resumed efforts to recover taxpayers' debt. One of the tools the CRA uses to recover debt is called offsetting. Offsetting proactively applies tax refunds and benefit payments (such as the GST/HST credit) to tax debts and other government debts. To learn more about how government payments can be applied to specific debts, go to canada.ca/balance-owing.

Debt recovery is ongoing and will impact upcoming benefit and credit payments, including:

  • the goods and services tax / harmonized sales tax credit (GST/HST credit) issued on April 5

  • the Ontario trillium benefit issued on April 6.

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